| SQQQ latest price $1494.4000 (0.92%) ($1489.6000 - $1519.1200) on Tue. Nov. 10, 2015. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.15% (three month average) |
RSI | 20 |
Latest Price | $1494.4000(0.92%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SQQQ advances 0.9% a day on average for past five trading days. |
Weekly Trend | SQQQ declines -4.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SQQQ advance at 0% a week (0% probability) VIXM(13%) TLT(8%) UUP(6%) GDXJ(-0%) SHY(-0%) |
Factors Impacting SQQQ price | SQQQ will decline at least -2.075% in a week (0% probabilities). QQQ(-44%) IWF(-43%) IVW(-43%) VUG(-41%) XLK(-40%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.075% (StdDev 4.15%) |
Hourly BBV | 0 () |
Intraday Trend | -1% |
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